Commercial Property in Townsview For Sale

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Description

Investment Opportunity in Ridge Heights - Sectional Title Building

An exceptional opportunity awaits investors with this full sectional title commercial property in Ridge Heights. This well-maintained building comprises 10 residential flats and 7 garages, offering a versatile income-generating asset in a sought-after location.

Property Breakdown:

  • Flats:
    • 7 One-bedroom units (potential rental income: ±R4,500 each per month)
    • 2 Bachelor units (potential rental income: ±R3,500 each per month)
  • Garages:
    • 3 garages (Sections 11, 12, 13) - rented at ±R500 each per month
    • 4 garages (Sections 14, 15, 16, 17) - rented at ±R800 each per month

Investment Highlights:

  • Strong rental potential with steady income streams from both residential units and garages
  • Prime sectional title ownership allows flexibility for individual or bulk sales
  • Centrally located with excellent access to amenities and transport routes

Whether you're looking to expand your property portfolio or secure a high-yield investment, this offering delivers excellent value with a balanced mix of residential and ancillary rental income.

Contact us today for more information or to arrange a viewing. Don't miss this rare opportunity to own an entire sectional title property! 

DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.

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DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.